The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-09-30
INDIANAPOLIS MARKETS.
The General Condition of Commercial Affairs
Satisfactory.


Satisfactory.
INDIANAPOLIS, Sept. %.
The general condition of commercial affairs,
not only in this rrade-center, but at most other
centers, is highly satisfactory. The easier feel
ing in monetary centers East has impaired a
more cheerful aspect to trade, and firm tone to
prices, aside from the grain markets, is notice
able. The provision market has taken on
steadier tone, and an improvement in the flour
market is apparently by. The produce
markets are very active. neverimo ore at this
son of the year. In the vegetable line there is a
scarcity of most articles, and prices range high
for this market, and are likely to through the
fall and winter Poultry is irmsr, although not
quotably higher, owing to the fact that this
market is about &c higher than any other mar
ket in the West in its paying prices. Eggs
scarce, and tending higher. Butter. if choice,
meets with ready sale. Grocers are very busy.
Sugars are steady and firm. Canned goods seem
to have reached the top notch, and prices rule
steady. The position with cofees is steady and
strong. Advces from Brazil and the East In
dies continue to report further reductions in the
estimated yield of the present crop o: these two
important coffee-producing countries. The
latest revision of the estimates from Brazil
place the Rio and the Santos crops at 3, $50, 900
bags, against 1928. 900 bags last year, which is
a practical reduction of so per cent, while the
East India crops not likely to produce more
than 447 piculs against 1928 900 piculs last year
1t is undisputed all sides that the worlds
supply Of coffee this year will show a very heavy
falling off compared with last year. There does
not appear to be any reasonable room for doubt
this point, and, furthermore, the shortage is
to be material that it is clearly admitted on
all sides that it will very materially affect the
ntratr
stances, therefore. it Is no longer
question of how much further these
estimates of yield may, or can be re-.
duced. or OF how small the supply will be either
in this or that section. but rather to the ex-
tent to which consumption is likely to be cur
tailed in order to properly adjust this changed
condition of supply. Statistics published in the
New York Shipping Lis. show as compared
with last year, falling off of LOGO S24 bags for
the first quarter of the year, which is a pretty
liberal discounting of short crops and worthy of
the attention OF those who entertain the opinion
that because the crops short there is no limit
to which prices may be advanced. The hide
market ia sluggish; prices unchanged. The
iron and hardware markets are active and prices
important articles there is firm tone to prices
GRAIN.
The local wheat market continues active:
prices firm at the quotations of some days past
There is considerable inquiry for wheat from
interior milling points. Receipts increasing
Corn rules at about Wednesdays prices; there
is little better demand. Receipts fair Oats
are in good local demand: receipts lighter than
at any time for some weeks past. Track bids to-
n ry11a h fol-